De Lisle Partners LLP Acquires New Stake in Sanmina Corporation $SANM

Key Points

• De Lisle Partners LLP acquired 51,000 Sanmina shares worth approximately $12.9 million in the second quarter, representing about 0.10% of the company and 1.4% of the fund’s portfolio. Institutional investors collectively own 92.71% of Sanmina.
• Sanmina reported quarterly EPS of $3.31, beating estimates of $2.77, while revenue rose 69.7% year over year to $3.46 billion. The company issued fiscal 2026 EPS guidance of $11.90–$12.20.
• Analyst sentiment remains positive overall, with a consensus rating of “Moderate Buy” and a $198.33 price target, although JPMorgan lowered its target to $260 and maintained a neutral rating. Separately, CFO Jonathan P. Faust sold 10,076 shares under a pre-arranged trading plan.

De Lisle Partners LLP bought a new position in Sanmina Corporation (NASDAQ:SANM - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 51,000 shares of the electronics maker's stock, valued at approximately $12,912,000. Sanmina accounts for 1.4% of De Lisle Partners LLP's investment portfolio, making the stock its 17th largest holding. De Lisle Partners LLP owned approximately 0.10% of Sanmina as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Amundi acquired a new position in shares of Sanmina during the first quarter worth about $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Sanmina by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,968 shares of the electronics maker's stock valued at $2,435,000 after buying an additional 1,387 shares during the last quarter. United Services Automobile Association bought a new stake in Sanmina in the 1st quarter valued at approximately $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Sanmina by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,287 shares of the electronics maker's stock valued at $9,621,000 after acquiring an additional 12,061 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Sanmina by 572.5% in the 1st quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker's stock valued at $6,083,000 after acquiring an additional 67,973 shares in the last quarter. Institutional investors and hedge funds own 92.71% of the company's stock.

Sanmina Stock Performance

Shares of NASDAQ SANM opened at $188.89 on Friday. The stock has a 50 day moving average price of $214.52 and a 200 day moving average price of $191.41. Sanmina Corporation has a 52 week low of $110.44 and a 52 week high of $288.68. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.06 and a current ratio of 1.78. The stock has a market capitalization of $10.12 billion, a PE ratio of 33.79, a price-to-earnings-growth ratio of 0.66 and a beta of 1.59.

Sanmina (NASDAQ:SANM - Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.54. Sanmina had a return on equity of 19.08% and a net margin of 2.41%.The firm had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the previous year, the firm earned $1.53 EPS. The business's quarterly revenue was up 69.7% on a year-over-year basis. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Analysts predict that Sanmina Corporation will post 10.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Jonathan P. Faust sold 10,076 shares of Sanmina stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $265.80, for a total transaction of $2,678,200.80. Following the completion of the transaction, the chief financial officer owned 77,000 shares in the company, valued at approximately $20,466,600. This trade represents a 11.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.10% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Zacks Research raised shares of Sanmina from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 30th. Wall Street Zen raised shares of Sanmina from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 1st. Weiss Ratings cut shares of Sanmina from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday. Finally, JPMorgan Chase & Co. decreased their target price on shares of Sanmina from $275.00 to $260.00 and set a "neutral" rating for the company in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $198.33.

About Sanmina

Sanmina Corporation is a leading global electronics manufacturing services (EMS) provider specializing in the design, production and end-to-end supply chain solutions for complex electronic products. Founded in 1980, the company has built a reputation for delivering high-reliability manufacturing across a wide range of industries, including communications, computing, aerospace and defense, medical, automotive and industrial sectors.

Sanmina's core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.

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